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$1,675,000

  • Sold
  • Closed
  • Commercial
  • 10,800 Sq. Ft.
  • 0.57 Acres
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Wonderful 11-unit apartment building in Shakopee! Ten 2 bedroom, 1 bath units and one 3 bedroom, 1 bath unit. Includes parking lot, 7 garage stalls, owned coin-op laundry, extra storage lockers, automatic locking security doors, excellent rental history and in a great location, close to schools and not far from downtown. Come see!

Full Property Details for 1055 Spencer St S

General

  • Sold For: $1,675,000
  • Taxes: $17,778 (2025)
  • Status: Closed
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6790933
  • Added to Site: 123 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 7
  • Parking Features: Detached Garage, Parking Lot

School Information

  • School District: 2235 - Shakopee
  • High School District: Shakopee

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Common, Hot Water Common

Financial Considerations

  • Operating Expenses: $59,839
  • Tax Amount: $17,778
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Gas, Insurance, Janitorial Service, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Telephone
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: SUBDIVISIONNAME SOUTHVIEW ADDN LOT 009 BLOCK 002
  • Inclusions: Building, Leases
  • Property ID: 270220200

Meet the selling agent

Meet the selling agent
— 1055 Spencer St S —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1055 Spencer St S

School District:Shakopee Public School District
NameGradesDistance
Sweeney Elementary School
1001 Adams Street South, Shakopee, MN 55379
K-51 mi
Shakopee East Junior High School
1137 Marschall Road, Shakopee, MN 55379
6-80.8 mi
Shakopee Senior High School
100 17th Avenue West, Shakopee, MN 55379
9-120.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1055 Spencer St S

Date
Details
Price
Change
Source
12/22/2025
Sold
$1,675,000
—
MLS
9/18/2025
Listed
$1,675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 1055 Spencer St S

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1197 Gallery Ln, Chaska, MN 55318 - Photo 1 Just Listed
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1197 Gallery Ln  Chaska, MN 55318

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4311 Deere Trl  Chaska, MN 55318

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Price Reduced near 1055 Spencer St S

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1737 Oak creek pass, Chaska, MN 55318 - Photo 1 Price Reduced
-$10,000 (-1.48%)
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1737 Oak creek pass  Chaska, MN 55318

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3866 Founders Path, Chaska, MN 55318 - Photo 1 Price Reduced
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3866 Founders Path  Chaska, MN 55318

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1741 Oak creek pass, Chaska, MN 55318 - Photo 1 Price Reduced
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1741 Oak creek pass  Chaska, MN 55318

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1732 Oak creek pass, Chaska, MN 55318 - Photo 1 Price Reduced
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1732 Oak creek pass  Chaska, MN 55318

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Recent Sales near 1055 Spencer St S

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1409 Shakopee Ave E, Shakopee, MN 55379 - Photo 1 Sold
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1409 Shakopee Ave E  Shakopee, MN 55379

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1055 Spencer Street S, Shakopee, MN 55379 (MLS# 6790933) is a Commercial property that was sold at $1,675,000 on December 22, 2025. This property was sold by Justin Rock from our Wayzata Office.Want to learn more about 1055 Spencer Street S? Do you have questions about finding other Commercial real estate for sale in Shakopee? You can browse all Shakopee real estate or contact a Coldwell Banker agent to request more information.